118 Zaph Avenue

Highland Creek, Toronto

118 Zaph Avenue, Highland Creek, Toronto

$989,000


Bedrooms: 3

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $1,412.86


About this Detached

in Highland Creek, Toronto

Welcome to Highland Creek, where peaceful tree-lined streets meet generous land, and life moves at a refreshingly relaxed pace. Set on an impressive 50 x 150 ft lot with an expansive private drive, this bright, sun-filled bungalow offers immediate comfort, multi-generational flexibility, and endless future potential. Inside, natural light anchors the main level. Dramatic near-floor-to-ceiling windows drench the spacious living and dining areas with natural light, creating warm and welcoming space for everyday living. The functional eat-in kitchen comes equipped with a gas range, while three generous main-floor bedrooms offer peaceful retreats - including a primary suite that accommodates a king-sized bed - all serviced by a 4-pc washroom. The lower level dramatically expands your living options. Featuring a convenient separate entrance/walkout, this sprawling space includes a generous fourth bedroom, a 3-pc second bathroom, and a versatile rec room ready for movie nights, a gym, and a study/office nook. It is an ideal layout for in-laws, guests, or children who have mastered the art of never leaving. Step outside to enjoy the deep, private backyard, offering incredible space for outdoor dining, gardening, and play. Whether you choose to move in and enjoy, update, or build new among the surrounding high-value homes, the location delivers on every level. It's a bit of a secret gem. You are minutes from the charming, small-town atmosphere of historic Highland Creek Village with its cozy eateries like The Social, local shops, and daily essentials. Nature lovers, dog lovers and sporty types enjoy the trails, winding rivers, off-leash areas and sports fields nearby in Morningside Park and the Rouge Valley. The location is an educational hub, located near UTSC, Centennial College, and top local school catchments. Commuters will love being just two minutes to Highway 401 and a short drive to Guildwood or Rouge Hill GO Stations for a smooth downtown commute.

Listed by REAL ESTATE HOMEWARD.


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LAND TRANSFER TAX CALCULATOR


Purchase Price  
First-Time Home Buyer

Ontario Land Transfer Tax
Toronto Land Transfer Tax

Province of Ontario (effective January 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a refund of up to $4,000.

Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers

City of Toronto (effective March 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a rebate of up to $4,475.

Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities


MORTGAGE CALCULATOR


     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
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First Mortgage:
CMHC Prem.:
Total Financing:
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* This material is for informational purposes only.

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